Nasdaq Composite (U.S. tech-stock index) jumps 1% as VIX (U.S. volatility gauge) falls ahead of Nvidia (chipmaker) earnings

Stocks opened higher, according to the source, ahead of Nvidia (chipmaker) earnings; analysts note risk-on sentiment (preference for higher-risk assets) can extend to Bitcoin and altcoins (non-Bitcoin cryptocurrencies).

BTC

49d ago

Summary

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Terms & Concepts

VIX (U.S. volatility gauge): The CBOE Volatility Index measures expected 30-day S&P 500 volatility from options prices.
Altcoin: Any cryptocurrency other than Bitcoin; often shows higher volatility and beta to broader market moves.
Risk-on sentiment: Investor preference for higher-risk assets like equities and crypto during calmer volatility or positive catalysts.